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TX SB2412

Bill

Status

Introduced

3/12/2025

Primary Sponsor

Brent Hagenbuch

Click for details

Origin

Senate

89th Legislature Regular Session

AI Summary

  • Creates the "Come and Take It Sales Tax Holiday Act" establishing a temporary sales and use tax exemption for firearms, firearm accessories, and ammunition in Texas

  • Defines "firearm" and "ammunition" using federal definitions from 18 U.S.C. Section 921

  • Defines "firearm accessory" as items used with or mounted on a firearm that are not essential to the firearm's basic function

  • Aligns the tax-free period with the existing timeframe specified in Section 151.326(a)(2) of the Tax Code (the emergency preparation supplies sales tax holiday)

  • Takes effect September 1, 2025, and does not affect tax liability accrued before that date

Legislative Description

Relating to an exemption from sales and use taxes for firearms, ammunition, and other related items sold during a limited period.

Taxation

Last Action

Referred to Finance

3/25/2025

Committee Referrals

Finance3/25/2025

Full Bill Text

No bill text available